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Justia Daily Opinion Summaries

US Court of Appeals for the First Circuit
March 26, 2020

Table of Contents

Squeri v. Mount Ida College

Civil Rights, Consumer Law, Contracts

United States v. Altvater

White Collar Crime

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Legal Analysis and Commentary

Is Retribution Worth the Cost?

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The Other Epidemic

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US Court of Appeals for the First Circuit Opinions

Squeri v. Mount Ida College

Docket: 19-1624

Opinion Date: March 25, 2020

Judge: Sandra Lea Lynch

Areas of Law: Civil Rights, Consumer Law, Contracts

The First Circuit affirmed the judgment of the district court granting Defendants' motion to dismiss Plaintiffs' complaint alleging that Defendants knew that Mount Ida College was on the brink of insolvency but concealed this information, holding that Plaintiffs' claims were properly dismissed. Mount Ida, a higher education institution in Massachusetts, permanently closed after providing its students six weeks' notice that it was closing. Plaintiffs, current and prospective students, brought a putative class action against Mount Ida, its board of trustees, and five Mount Ida administrators (collectively, Defendants), alleging seven Massachusetts state law claims. The district court dismissed the complaint. The First Circuit affirmed, holding (1) Plaintiffs' breach of fiduciary duty claim failed; (2) the district court did not err in dismissing Plaintiffs' violation of privacy claim; (3) no claims were stated for fraud, negligent misrepresentation, or fraud in the inducement; (4) Plaintiffs' allegations did not plausibly allege a breach of implied contract; and (5) the district court properly dismissed Plaintiffs' Mass. Gen. Laws ch. 93A claim.

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United States v. Altvater

Docket: 19-1101

Opinion Date: March 25, 2020

Judge: David J. Barron

Areas of Law: White Collar Crime

The First Circuit affirmed Defendant's convictions of three counts of securities fraud for insider trading, holding that Defendant was not entitled to relief on any of his claims. Specifically, the First Circuit held (1) the district court did not err in admitting into evidence a redacted recording and transcript of Defendant's Securities and Exchange Commission deposition; (2) the district court did not abuse its discretion in placing limits on Defendant's ability to cross-examine a witness; (3) Defendant waived his challenge to the district court's decision prohibiting Defendant from entering into evidence a certain email exchange; and (4) any prejudice resulting from the admission of the testimony of Defendant's ex-wife did not affect the outcome of the trial.

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